Member Info for OldTownHat

The Board is therefore seeking approval at the General Meeting to issue new shares on a non-pre-emptive basis for up to 40 per cent. of the Company's Enlarged Issued Share Capital (following Completion). The Board will update Shareholders as appropriate regarding any future funding proposals. It remains of the opinion that the NASDAQ Listing will provide access to specialist healthcare investors in the US.

Sorry. Issuance of up to 40% new shares

Wow! A lot to take in but up to 40% dilution probably by Q3. Probably will keep the price where it is now as it’s 50% undervalue. 2022 is going to be an epic year. So much detail and nothing really to get upset about

Another step, and another step. Ad infinitum

Be nice to see what’s in progress and what still needs to be done rather than the broad terms “licence” and “financing” is what I’m getting at. It’s not a trade secret

I like the phrase “coming months” but how many more de risking steps will we have? Seem to have to jump through a lot of hoops!!!

Maximum given the profits actually

Due this week. Given the falling SP I would suspect national matters have been identified which will slow the process right down. Shame but good opportunity to top up

I’m happy to stick in £50k to get the thing built!

No Twitter for two days? Hmmm maybe just maybe wolfie the news is imminent and there’s a blackout

Clearly this deal is what has stopped it going over the 10p mark in recent weeks. Great news on reflection as there is nothing in the way now

Wouldn’t be surprised Gary to see another RNS in the morning or very soon validating what you’ve just said. What with the price of the metal as well. Just surprised at the price of the raise. Would have thought 10% discount at most

What's occurring on L2 please? MM playing silly beggars?

Well that would be nice as that's my first target to de-risk. Next 10p (licence) then 20p (finance)

I can buy 150,000 through Halifax at 4.69 so we're a way off 5p mate

It’ll be a bit lonely!

I don’t think they’ll be able to as the news will drop. Of course we will see significant fluctuations in the SP as people have their exit or slice planned if they missed the rise up to 5p a few months ago

Korda - look at the dates ffs man. What do they tell you? Or are you too busy looking at headlines only?

The Chinese one is the Innova one. Contract ended on Valentines Day but they had loads left over so they will be used up first

Actually, replying to oneself, it’s more likely to be news from another investment? Otherwise SP would have increased by more than 10%